Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 652.4012 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance line at 665.42 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three Outside Up’ chart pattern is found. The chart shows ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 668.57 |
| 2nd High | 666.16 |
| Next High | 665.42 |
| Current Price | 638.970000000 |
| Next Low | 607.86 |
| 2nd Low | 588.64 |
| 3rd Low | 581.51 |
620.11 – 624.27 – 665.42 – 607.86 – 611.82 – 614.34 —
641.710000000 – 638.800000000 —
70.671587179046 – 59.185538480221 —
– —
620.11 – 1773001800
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Outside Up – – –